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R495,000

Monthly Bond Repayment R5,193.82
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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NEWLY DEVELOPED LUXURY HOTEL SUITE FOR SALE - Rare Opportunity

Potential to resell at R 1 000 000 or more over the next few years. Cash buyers will be given preference due to this being part of a distressed sale.

The hotel and sectional title units have just been renovated with world class finishes.

An exceptional investment opportunity in the Western Cape, situated in South Africa's fastest-growing and top-rated city. George, renowned for being the cleanest and best-managed city in the region, offers unmatched appeal.

Enjoy 28 days of luxurious accommodation annually in this fully furnished, sectional-title suite overlooking the George Golf Course. This exclusive suite is yours to own for life, with the flexibility to sell whenever you choose.

The suite features two double beds, an en-suite bathroom, a minibar, a study desk, satellite television, and coffee and tea-making facilities.

As an owner, you’ll benefit from 28 days of accommodation each year, along with full access to all hotel facilities. The Marriott Hotel Group professionally manages and maintains the suites under a management agreement with the Body Corporate, making this a hassle-free vacation investment. Owners are exempt from paying levies, rates, or utility costs.

Located in the prestigious King George Hotel by Marriott, just 10 km from George Airport, this property is at the heart of the Garden Route, a renowned tourist destination.

With some of South Africa’s finest golf courses nearby, this is an extraordinary lifestyle and investment opportunity you won’t want to miss.

The images shown are for marketing purposes only and may not depict the exact room for sale.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
35m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the IMAGINE Properties website is accurate and up to date, IMAGINE Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

5,193.82

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